Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 43,811, 12,759 total housing units (homes and apartments), and a median house value of $293,524, Beaumont real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Beaumont, accounting for 86.46% of the city's housing units. Other types of housing that are prevalent in Beaumont include large apartment complexes or high rise apartments ( 4.77%), duplexes, homes converted to apartments or other small apartment buildings ( 3.46%), and a few mobile homes or trailers ( 3.11%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Beaumont. Owner-occupied housing accounts for 74.76% of Beaumont's homes, and 56.26% have either three or four bedrooms, which is average sized relative to America.
Beaumont homes and real estate are some of the newest in America. 65.52% of Beaumont's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Beaumont real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 17.09%), and between 1940-1969 ( 14.92%). There's also some housing in Beaumont built before 1939 ( 2.46%).
Homes have actually lost value in Beaumont over the last then years, as home values have seen a decline of 22.15% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Beaumont home appreciation rates at 2.02%, which equates to an annual appreciation rate of 8.32%.
Appreciation rates are so strong in Beaumont that despite a nationwide downturn in the housing market, Beaumont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Beaumont appreciation rates continue to be some of the highest in America, at 9.25%, which is higher than appreciation rates in 91.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Beaumont. Beaumont appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.
Importantly, this makes Beaumont one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Beaumont's latest annual appreciation rate is higher than 70% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Beaumont differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Beaumont - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Beaumont real estate investment or home purchase decisions.
|$1,047,001 - $1,396,000||0.0|
|$699,001 - $1,047,000||0.5|
|$559,001 - $699,000||2.8|
|$419,001 - $559,000||12.0|
|$279,001 - $419,000||37.2|
|$140,001 - $279,000||34.9|
|$70,001 - $140,000||5.2|
|$0 - $70,000||6.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Beaumont HOMES|
|2000 or Newer||65.5|
|1970 - 1999||17.1|
|1940 - 1969||14.9|
|1939 or Older||2.5|
|TYPE OF Beaumont HOMES|
|Small Apt. Buildings||3.5|
|SIZE OF Beaumont HOMES|
|5 or more bedrooms||12.86|